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What are my borrowing choices for college?

April 26, 2017Borrowing choices college

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What are my borrowing choices for college?

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There are basically two different types of loans people use to pay for college: federal loans and private loans. Federal loans include Stafford loans for students and PLUS loans for parents and graduate students. If you can’t get all of your tuition and expenses funded through federal loans, scholarships, and grants, you should look into private loans.